Chinanews client Beijing March 13 (Xie Yiguan) On the 13th, A shares opened sharply lower, the Shanghai index fell below 2900 points, the Shenzhen index and the industry index fell more than 5%, and then rebounded, and the decline narrowed.
As of the midday close, the Shanghai Index fell 3.32% to 2826.37 points, and once fell below 2800 points; the Shenzhen Component Index fell 3.50% to 10558.20 points; the GEM Index fell 3.37% to 1977.00 points and fell below the 2000 mark.
The main performance of A-share stock indexes closed at noon.
As for individual stocks, a total of 274 shares rose in the two cities, with a limit of 38 shares; another 3407 shares fell, and 35 shares fell.
Regarding the sector, in the industry sector, furniture, mineral products, nonferrous metals, chemical fiber, textile and apparel sectors saw the largest declines. In the concept sector, medical and precious metals sectors performed poorly. Mask protection fell by 6.22%, and gold concepts fell by 5.33%.
With the rising risk aversion, the net outflow of northbound funds exceeded 10 billion yuan. Among them, the net outflow of Shanghai Stock Connect was 9.257 billion, and the net outflow of Shenzhen Stock Connect was 2.352 billion.
The latest strategic research report of Galaxy Securities believes that in the near future, overseas markets have undergone a sharp correction in general. Due to the global panic, the A-share market is under pressure in the short term and systemic risks need to be prevented.
China Everbright Bank Financial Markets analyst Zhou Maohua pointed out that with the opening of the European and American central banks, the domestic countercyclical regulatory policy space will be expanded. In addition, the domestic epidemic situation is basically controlled and the fundamentals are stable, which will help to resist possible external shocks.
"The domestic epidemic is gradually under control, and companies are returning to work in an orderly manner. Compared with developed countries, China ’s monetary and fiscal industry has more room for policy." Pan Xiangdong, chief economist at New Age Securities, believes that China's economy may be better than Overseas economies, domestic capital markets, including A shares, performed better than overseas markets.
Chen Guo, chief strategy analyst at Anson Securities, said that he is still very optimistic about A shares. China is the first to successfully control the new crown pneumonia epidemic and become the global model. There is panic in the A-share market, and our view is only one sentence: buy A-shares firmly. (Finish)